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is there a connection between rebound in the economy and the healthcare act? >> the link is tha this law all thetually for attention to it now is more than three years old, that, you know, jobs growth, you might say, despite the affordable care act, despite the predictions from republicans and its other opponents that this killer, theob consistent description for it, and jay carney opened up his houseng at the white today by suggesting that the eachgrowth consecutively month have coincided with the time period in fact the affordable care act has been on the books. gwen: is that plausible? >> no. the one case they do have is that there are fewer people part-time involuntarily and that was supposed to be something that was going to happen because of the affordable care act. it looks like the shutdown and all that furor didn't really stop the economy. gwen: the word they've been using instead is because the resilient is why it's happened. that's the good news part of it goes so far because just under the surface, there was a lot of evidence of uncertainty. headed
is there a connection between rebound in the economy and the healthcare act? >> the link is tha this law all thetually for attention to it now is more than three years old, that, you know, jobs growth, you might say, despite the affordable care act, despite the predictions from republicans and its other opponents that this killer, theob consistent description for it, and jay carney opened up his houseng at the white today by suggesting that the eachgrowth consecutively month have...
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it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans and let you keep the plan you like. these proposals are among the dozens of jobs bill awaiting action in the democratic-run senate. >>> good news on the jobs front. 203,000 jobs were added in november, and the unemployment rate dropped to a five-year low of 7%. kristen welker, good saturday morning to you. what's the white house's take on the latest numbers? >> alex, good morning to you. the white house certainly touting the fact that the unemployment rate at its lowest level in five years. also highlighting the fact that a lot of this job gr
it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. when people have money to spend on basic necessities, that means more customers for our businesses and ultimately more jobs. >> the republicans are focusing on obama care. >> families who work hard and play by the rules deserve some basic choices, fairness and relief. that's why the house has passed legislation to delay the individual mandate for all americans...
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. >>> major news about the economy tonight. a jump in construction and manufacturing jobs helped bring the unemployment rate down to 7% it's the lowest in five years the economy gained more than 200,000 new positions last month. 20,000 more than expected. >> a wintery storm is bringing ice snow and freezing temperatures across the country. winter storm warnings are in effect for a large part of the united states i.. it's crippling air flights and leaving driving dangerous. >>> i will be back here at 11:00 eastern and 8:0:00:00 pacific entertainment. pacific -- time. you can get the latist news on-line at al jazeera.com. >>> on "america tonight" crime and p punishment. our justice system o effort to t a standard. >> when i is a plea deal no deal at all. >> going to trial is not a crime and your sentence should not reflect the fact that you went to trial. >>> and also tonight remebering mandela. the man that shaiferre shared t. >>> the exquisite taste. i had the privilege to cook mr. mande mandela's first meal f captivity. ♪ >>
. >>> major news about the economy tonight. a jump in construction and manufacturing jobs helped bring the unemployment rate down to 7% it's the lowest in five years the economy gained more than 200,000 new positions last month. 20,000 more than expected. >> a wintery storm is bringing ice snow and freezing temperatures across the country. winter storm warnings are in effect for a large part of the united states i.. it's crippling air flights and leaving driving dangerous....
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, to address these problems. >> and despite their efforts, the economy's actually growing. the biggest problem, though, unfortunately, main street isn't feeling it. how do we have a conversation on poverty? that's a reason why the president's conversation is refreshing because he acknowledged a biggest principles that's holding us back, lack of information with equal education and access for everyone. >> you know, joe, i wanted to share pugh took a look at why are people poor? not surprisingly -- disappointingly not surprisingly, democrats said because of uncontrollable circumstances and 24% said lack of effort. for republicans, it was about exactly the reverse. 28% said uncontrollable circumstances versus 57% who said lack of effort. so, that is, of course, why the fake war on christmas that bill o'reilly is choosing to talk about is, you know, semantics rather than these issues of makers and takers, right? >> yeah. absolutely. and this whole thing of christmas versus holiday really is a distraction. it's a diversion from the statistics that you just pointed out. look. let
, to address these problems. >> and despite their efforts, the economy's actually growing. the biggest problem, though, unfortunately, main street isn't feeling it. how do we have a conversation on poverty? that's a reason why the president's conversation is refreshing because he acknowledged a biggest principles that's holding us back, lack of information with equal education and access for everyone. >> you know, joe, i wanted to share pugh took a look at why are people poor? not...
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. >> it hurt the economy. >> economy is moving in the right and any sort of shutdown or shake, the uncertainty in washington is what is damaging the economy right now. off theey take budget table temporarily, what is as his domestic priorities? >> he has to did all of his attention into writing the health care ship. this is his legacy-defining item. numbers arent looking pretty good but that is in the front and. enrollment is a lot different than actually getting the 7 million people that they need signed up and having purchased health care. they are focusing big on colleges, on getting the word out to be able to get the young uninsured signed up to balance out that risk pool. >> i am not in that risk pool. if they are going punt on entitlements and taxes, which they're going to do, they will not do it next year either, are they? >> i am starting to believe that none of that can happen meaning structural changes to entitlements until we have another election or some kind of big economic shock that forces these lawmakers to come together. of these is a big part problem but the senate is becomin
. >> it hurt the economy. >> economy is moving in the right and any sort of shutdown or shake, the uncertainty in washington is what is damaging the economy right now. off theey take budget table temporarily, what is as his domestic priorities? >> he has to did all of his attention into writing the health care ship. this is his legacy-defining item. numbers arent looking pretty good but that is in the front and. enrollment is a lot different than actually getting the 7 million...
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the republicans have made it clear on any issue from the bucket, economy, jobs, health care, immigration you name it they will stand in the way of quote giving him a win. they don't want him to succeed. as we know, there have been two books wren that republicans collude before he was inaugurated to insure he would not be successful. so a president's job is to be hopeful and optimistic. that's what the president is being here, but that's not to say that he shouldn't try. because the president, while hopeful and optimistic. he's dealing with all these obstruction and impediments, he has to try, otherwise why be in the job? >> what's the point of the job. isaac, when you watched the interview, it was sort of interesting to watch a president expound at length about what it's like to be president while he's president. it is sort of an interesting experience we don't get to see. what were you seeing? what were you taking away from what you heard the president talking about this week? >> this was the first interview obama has done in a few weeks where he seemed back on hills game, he seemed con
the republicans have made it clear on any issue from the bucket, economy, jobs, health care, immigration you name it they will stand in the way of quote giving him a win. they don't want him to succeed. as we know, there have been two books wren that republicans collude before he was inaugurated to insure he would not be successful. so a president's job is to be hopeful and optimistic. that's what the president is being here, but that's not to say that he shouldn't try. because the president,...
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historic a global deal aimed at boosting contacts that could add nearly one trillion to the global economy by simplifying customs procedures of the deal falls far short of the dts ambitious goal of tearing down the global trade barriers. the accord does mark the first global agreement struck by the body since its founding in nineteen ninety five. an american citizen detained in north korea for over a month is now on its way home the five year old veteran that mehlman has been held on charges of hostile acts which pyongyang said he committed six decades ago during the korean war. the less well from north korea's decision to release the former soldier was now on appeal the sentences go. people are in detention in mexico at this saturday's all in the theft of a truck carrying highly radioactive material the seizure of the vehicle to grid notices to the us and the lands and nuclear watchdog amid fears the material could have been used to make it dirty bomb the notices of reports the hospital is on high alert six men suspected of stealing a truck containing radioactive material i be treated if
historic a global deal aimed at boosting contacts that could add nearly one trillion to the global economy by simplifying customs procedures of the deal falls far short of the dts ambitious goal of tearing down the global trade barriers. the accord does mark the first global agreement struck by the body since its founding in nineteen ninety five. an american citizen detained in north korea for over a month is now on its way home the five year old veteran that mehlman has been held on charges of...
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. >> and the positive report on the economy that sends a financial market soaring. >> michael finney will answer questions here live in just a few minutes. >> and taking a look at your skyway traffic on your friday, coming up on 4:ten traffic on the right headed down to the peninsula and moving to those whoworried...... poked and prodded... taken risks... and lived in a state of "what if?"... welcome to a new state... of health. welcome to covered california. the place to find quality, affordable coverage. financial help for those in need. and nobody can be denied because of a pre-existing condition. enroll now at coveredca.com or call 1-800-752-6631. >>> people across south africa are remembering the late nelson mandela today. mourners have been gathered all day. krur taking a look there. they've built a wall of flowers and messa messages these are live pictures from outside of the home. >> south after yak's president announced a series of events to honor mandela. sunday will be a national day of prayer and reflection. tuesday a memorial service in a stadium. the body of the leader
. >> and the positive report on the economy that sends a financial market soaring. >> michael finney will answer questions here live in just a few minutes. >> and taking a look at your skyway traffic on your friday, coming up on 4:ten traffic on the right headed down to the peninsula and moving to those whoworried...... poked and prodded... taken risks... and lived in a state of "what if?"... welcome to a new state... of health. welcome to covered california. the...
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economy gained moore jomorejobs than expected. and the gains are wide spread in low and high conditions. it's i something that is key to today's economic news. >> i always kind a reason to find i this report shea shairky. the unemployment rate is down and we have created 200,000 jobs every month but a quarter of the jobs were higher payin paying j6 an hour or more. that is what wei we are concernd about. 1:5 is still low paying. that is part 69 problem. >> of the problem. it's not gang busters and teabs noit'snot a raw numbers thing. sgenerally speaking the qawl quy of jobs is higher. >> at first glance it would appear it's a big deal, but is it? world gets ou obsessed with the unemployment rate. >> i couldn't care less. that number measures a group of people in a changing group of larkehearingerlarger people. i do don't care about that number. more than 150,000 joan because that is the number of more people that come into the work force every month than who retire or pass away. everybodeverything above that i. and those things te
economy gained moore jomorejobs than expected. and the gains are wide spread in low and high conditions. it's i something that is key to today's economic news. >> i always kind a reason to find i this report shea shairky. the unemployment rate is down and we have created 200,000 jobs every month but a quarter of the jobs were higher payin paying j6 an hour or more. that is what wei we are concernd about. 1:5 is still low paying. that is part 69 problem. >> of the problem. it's not...
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says the bali deal could add $1 trillion to the global economy. >> it is so agreed. >> the agreement is a milestone for the w.t.o.t. marks the organization's first global trade deal since the creation in 1995. >> for the first time in our history, the w.t.o. has truly delivered. >> the deal will lower trade barriers and speed up the passage of goods through customs. most importantly, the term is applying not just to rich, industrialized states, it also for poorer developing countries. analysts estimate it could boost the global economy by hundreds of billions of dollars. >> we have achievement something very significant. people all around the world will benefit from the pack annal who have delivered here today. but some critics say the agreement could prevent poorer countries from setting their own priorities in areas like environmental protection, workers' right, and securities. negotiations dragged into an extra day after last-minute veto threats from individual countries. cuba objected to the removal of the trade embargo, and india objected to provisions that might stop its stockp
says the bali deal could add $1 trillion to the global economy. >> it is so agreed. >> the agreement is a milestone for the w.t.o.t. marks the organization's first global trade deal since the creation in 1995. >> for the first time in our history, the w.t.o. has truly delivered. >> the deal will lower trade barriers and speed up the passage of goods through customs. most importantly, the term is applying not just to rich, industrialized states, it also for poorer...
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thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's this christmas season. what a gift to give. even just one thing could help create thousands of new jobs right here at home. you are signing up to give american workers a merry christmas, and abc's anchor david muir, captain of the team with us tonight. >> diane, we have reported on clothing right here, asking the simple question is anything made here in america any more. well, tonight not only are these jeans made here, this number right here is about to reveal everything. right down to the farmer, who grew the cotton. this week, our kickoff, made in america december to
thanks to the latest news about the economy, and jobs in america. we learned today that last month's 203,000 new jobs were created, better than experts predicted. and look at the unemployment rate. down to 7%. and that's the lowest level since president obama took office, the lowest unemployment rate now in five years. >>> on the subject of jobs, our made in america team is back tonight. and thousands of you have already told us, you are in, and ready to buy american made gifts. it's...
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economies in the u.s. and u.k. improved. and those were, you know, big leaders. >> woodruff: but maybe it wasn't mont to last. >> maybe it wasn't meant to last but just one political historical note. the united states under ronald reagan's leadership was of no help. no help. ronald reagan had a blind spot. he saw the world through the narrow tunnel prism of anti-communism. and when the united states just outraged by apartheid and where the majority of the republican senate passed sanctions, ronald reagan vetoed them against the apartheid regime. and his veto was overridden in the senate and in the house, overwhelmingly, with, i mean people like john warner, dan quayle, the senator from indiana, john stennis, lock time democratic segregationist from mississippi. all voting to overturn. and it was really a time of moral obtuseness on the part of the leadership. >> mark's absolutely right about that. and it was a blind-- a black mark on the reagan administration. i was in south africa i used to ask people, how much do the sanct
economies in the u.s. and u.k. improved. and those were, you know, big leaders. >> woodruff: but maybe it wasn't mont to last. >> maybe it wasn't meant to last but just one political historical note. the united states under ronald reagan's leadership was of no help. no help. ronald reagan had a blind spot. he saw the world through the narrow tunnel prism of anti-communism. and when the united states just outraged by apartheid and where the majority of the republican senate passed...
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work still needs to be done to create more jobs to get the economy on the right track. that is a sentiment shared by the united states secretary tom perez who spoke to me right as the new figures came out today. >> when you look at the broadest measures of unemployment, we have a measure that looks at not only folks who are out of work, but folks who are discouraged. folks who are marc marginally attached to the employment rate. that is--that is good news. >> good news, he said. anand a combined 45,000 jobs, a quarter of all jobs created in november, those positions typically pay $26 an hour. but before we get too excite excited, nearly one in five of the jobs created last month came from the relatively low-wage sector of retail and leisure. that speaks to a big problem in that recovery. the quality of the jobs being created is not as good as many of the middle class jobs that were destroyed during the recession. we have that story. >> reporter: it's been a job recovery built on part timers, waiters, waitresses and others jobs that don't really pay much. most of the gro
work still needs to be done to create more jobs to get the economy on the right track. that is a sentiment shared by the united states secretary tom perez who spoke to me right as the new figures came out today. >> when you look at the broadest measures of unemployment, we have a measure that looks at not only folks who are out of work, but folks who are discouraged. folks who are marc marginally attached to the employment rate. that is--that is good news. >> good news, he said....
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward thinking of conciliation, of forgiveness and of love for all is something that has touched so many people and it has been something that has brought people towards him and brought people together. on the morning of february 11th, 1990 i was with a group of photographers. we had gotten to the prison very early that morning. at one point in the early afternoon, i will never forget suddenly about five helicopters began to descend right over the back of this prison and suddenly there were screams that came in all directions of excitement. and i knew that something very important was about to happen. i
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward...
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is not unique to america's market economy across the developed world that inequality has increased so so you may have seen just last week the pope himself spoke. about this at eloquent length. i'm going to be you wrote that it's not a news item when an elderly homeless person does. but it is news when the stock market loses two points so you know this is why i think it's nice that we're starting to have this conversation i mean frankly in my lifetime during the johnson administration in the sixty's there was a conversation about ending poverty right and ever since then there's just been a conversation about mitigating right we call a safety net yes and the safety net is a critical part of what any society needs and and really we're we've got big holes in ours right now but beyond the safety net people don't want to be in the safety net they want to participate in our economy in their communities just as you and i do and so giving them the opportunity to do that it becomes a critical question how do we how do we really go there actually the pope went on to say actually that unfettered
is not unique to america's market economy across the developed world that inequality has increased so so you may have seen just last week the pope himself spoke. about this at eloquent length. i'm going to be you wrote that it's not a news item when an elderly homeless person does. but it is news when the stock market loses two points so you know this is why i think it's nice that we're starting to have this conversation i mean frankly in my lifetime during the johnson administration in the...
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overall, these trends are encouraging news for families and our economy. they feel more secure in their own budgets. as you know, businesses in the united states have created more than 8 million new jobs. which is a perfect segue to something i just wanted to note. today, information that was released earlier this morning is jobs data and figures on job creation in november. i think it is worth noting when you look at this graph, not only was the economy in freefall, job loss was terrible at the end of 2008 and early 2009 when president obama took office, and not only has the trajectory been consistently in the right direction, if you will note when we first began positive job creation in the wake of the great recession, it was right around when the affordable care act past. this is obviously not a direct correlation. but we are moving the right direction. the information i cited in the beginning about the positive effects of the affordable care act for reduce in growth in health-care costs combined with the steady job creation we have seen for so many mon
overall, these trends are encouraging news for families and our economy. they feel more secure in their own budgets. as you know, businesses in the united states have created more than 8 million new jobs. which is a perfect segue to something i just wanted to note. today, information that was released earlier this morning is jobs data and figures on job creation in november. i think it is worth noting when you look at this graph, not only was the economy in freefall, job loss was terrible at...
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help the local economy. buy more lights. all from china. another christmas, a lot more money. >> got my young son to help her. >> this is what it's all ant. this display is for all the kids in brookmont which is my neighborho neighborhood from the big kid that lives here. >> what do you think? do you like it? very twinkley. a dog and reindeers and -- >> you did a great job. and santa is way up on the roof waving ♪ oh come all ye faithful >> well, here we go. this is the end product of a lot of work and we're going to see if this thing will come on. this is the last one we're going to do here in brookmont. in fact, the last one i'm going to do at a house. we're going to try this, 3, 2, whoa. it worked. from you go. by golly. another year, another house. last time. >>> thank you. >> yay. >> that was a great job. that was the best one. >> that was really nice. >> not yet. expensive, right? all the electricity? >> yeah, except you notice my neighbor next to me, talking about jewish people, they are and they leave for december so i plug in the
help the local economy. buy more lights. all from china. another christmas, a lot more money. >> got my young son to help her. >> this is what it's all ant. this display is for all the kids in brookmont which is my neighborho neighborhood from the big kid that lives here. >> what do you think? do you like it? very twinkley. a dog and reindeers and -- >> you did a great job. and santa is way up on the roof waving ♪ oh come all ye faithful >> well, here we go. this...
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the economy gained 200,000 new positions last month. >>> in mexico startling new developments about a cargo of stolen radioactive material. they havthey have arrested two . they are being treated for raid radiation poisoning. poisoning. ♪ ♪ >>> as the word continues to mourn the loss of nelson mandela, stories are emerging of how america was crucial in the fight against racial segregation. consider this what was america's role in helping break the power of apartheid ove overseas the secretary for african a affairs will join us. >>> new york's mayor elects one of the biggest supporters to head the nypd. >>> a new wave of violence hit bebengazi. >> what would it be like to live on a floating ship in the middle of the ocean. >>> welcome to "consider this". we begin with the celebration of the life and legacy of nelson mandemandela. a ten-day mourning period began in south africa where mandela ercheddeendended the wave of ap. >>> mamandela's fellow lauret sd the sun will rise tomorrow and the next day and the next. it may not appear as bright today but life will carry on. joining me n
the economy gained 200,000 new positions last month. >>> in mexico startling new developments about a cargo of stolen radioactive material. they havthey have arrested two . they are being treated for raid radiation poisoning. poisoning. ♪ ♪ >>> as the word continues to mourn the loss of nelson mandela, stories are emerging of how america was crucial in the fight against racial segregation. consider this what was america's role in helping break the power of apartheid ove...
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trying to suggest and that was that president obama was demanding equal outcome in his speech on the economy it's just that that is a bold faced lie what he said and if you read the text was he was he wants equal opportunity because that's really all people have asked for you you know we know that there's not going to be equal outcome but people should have equal opportunity and i think that's how we developed time as a as a country and it's a work in progress it's really is a work that will always be people time who will who will feel superior who will have a racial smugness about them and these are the people who are culturally conditioned and culture is a hard thing to over overcome it's so ingrained in us and i've been waiting for to die out happening well and remember remember remember oprah winfrey got in trouble saying that really but you remember she said she said look just like the dinosaurs there know if there's a time when. it just will have to die out i but i think it's i think that's actually what what it's like jack but you have to be very careful before they die. they can do a
trying to suggest and that was that president obama was demanding equal outcome in his speech on the economy it's just that that is a bold faced lie what he said and if you read the text was he was he wants equal opportunity because that's really all people have asked for you you know we know that there's not going to be equal outcome but people should have equal opportunity and i think that's how we developed time as a as a country and it's a work in progress it's really is a work that will...
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economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now a two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped by five thousand pounds over the past five years so that's a drop of six point four percent according to the office of national statistics george osborne is saying those are a lie he's going to come out with his own report to show that in fact those numbers are deceptive yeah george osborne is thought so much a clown as he is one of these french mind and but he speaks which is kind of interesting for a mind he's more of a friend of mine it depends upon show and he believes that these numbers do not tell the truth these are
economy i think was the u.k. guilt because in the march budget ten year gilts were trading at one point eight percent with the autumn statement it's now a two point nine two percent so let's look at some of the lies that he had to tell in order to make the economy here look better well workers overall pay has not fallen insists george osborne george osborne is to claim that workers overall pay has not fallen despite official figures showing that the wages of middle income families have dropped...
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the economy isn't dying at all. in fact, there are more and more signs it's thriving under the president's leadership. according to the new monthly jobs report out today, the economy added more than 200,000 jobs in november. and the unemployment rate is down to 7%, lowest level in five years. the president's enemies responded to the news the only way they know how by attacking the affordable care act. well, here's only a sampling of their reactions to the good jobs news. keep in mind, these are statements supposedly about the jobs report. speaker boehner said, we need to protect all americans from the fundamentally flawed health care bill. eric cantor had this to say. quote, stop obama care from reducing hours and eliminating jobs. peter roscom of illinois said we continue to see the lost coverage, cost spikes on the strain of the president's health care law. then there's this sugar plum from tom price of georgia who dug up the old refrain that millions of americans are going to see their policies canceled. it seems
the economy isn't dying at all. in fact, there are more and more signs it's thriving under the president's leadership. according to the new monthly jobs report out today, the economy added more than 200,000 jobs in november. and the unemployment rate is down to 7%, lowest level in five years. the president's enemies responded to the news the only way they know how by attacking the affordable care act. well, here's only a sampling of their reactions to the good jobs news. keep in mind, these are...
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trying to suggest and that was that president obama was demanding equal outcome in his speech on the economy it's just that that is a bold faced lie what he said and if you read the text was he was he wants equal opportunity corps that's really all people have asked for you you know we know that there's not going to be equal outcome but people should have equal opportunity and i think that's how we developed time as a as a country and it's a work in progress it's really is a work that will always be. people time who will who will feel superior who will have a racial smugness about them and these are the people who are culturally conditioned and culture is a hard thing to over overcome it's so ingrained in us it's an ideal made a way for to die out happening well and renown remember remember oprah winfrey got in trouble saying that really but you remember she said she said there look just like the dinosaurs there know if there's a time when. this will have to die out i but i think it's i think that's actually what what it what you have to but you have to be very careful before they die. they
trying to suggest and that was that president obama was demanding equal outcome in his speech on the economy it's just that that is a bold faced lie what he said and if you read the text was he was he wants equal opportunity corps that's really all people have asked for you you know we know that there's not going to be equal outcome but people should have equal opportunity and i think that's how we developed time as a as a country and it's a work in progress it's really is a work that will...
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. >>> the economy is climbing back. i'm christine romans. the economy is growing at the fastest pace since the beginning of 2012. driving growth? businesses. do they expect demand from consumers to surge and what happens if consumers are not buying? another critical sector to watch, housing. sales of new homes up 25% in october. the sharpest gain in 35 years. positive jobs numbers show the economy is healing. 203,000 jobs added in november. the u.s. on track now to create the most jobs since 2005. the jobless rate lowest in five years. stock market may have taken a breather, but it is a banner year for stocks. 25% of americans hold three quarters of all stocks. many americans are more concerned where the next meal is coming from than the 401(k). fast food workers striking against poverty wages. the economy, jobs, minimum wage. that is the president's agenda for the next three years. alex is the business director and chairman of the economic advisers. also with me is a former adviser to presidential candidate mitt romney. austin, let me start
. >>> the economy is climbing back. i'm christine romans. the economy is growing at the fastest pace since the beginning of 2012. driving growth? businesses. do they expect demand from consumers to surge and what happens if consumers are not buying? another critical sector to watch, housing. sales of new homes up 25% in october. the sharpest gain in 35 years. positive jobs numbers show the economy is healing. 203,000 jobs added in november. the u.s. on track now to create the most jobs...
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it will provide a lifeline for a battled ukrainian economy. and a political lifeline for the battled yo ukrainian president. >> trade between china and europe has to travel all of europe. but when it support constructed. ships will be able to go straight to the black sea. that means travel for trade is will be 6,000 kilometers shorter. >> it has been building a profitable business exporting steel and grain providing vital jobs. they've been battling the wind of recession in their world markets and at home. but their special directer is up >> we believe the investment in the port is necessary to match the overall positive trend in these sectors. >> president yanukovych has brought home an important prize which could stop the support in the traditional heartland of his party, and it sends an important message to the european union and moscow, that they are not the only players. >> people around the world are continue to go celebrate the life of former president nelson mandela. this is the scene where he used to live. mourners have been bringing
it will provide a lifeline for a battled ukrainian economy. and a political lifeline for the battled yo ukrainian president. >> trade between china and europe has to travel all of europe. but when it support constructed. ships will be able to go straight to the black sea. that means travel for trade is will be 6,000 kilometers shorter. >> it has been building a profitable business exporting steel and grain providing vital jobs. they've been battling the wind of recession in their...
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trade organization has come up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could mean. it's claimed it will create 21 million jobs, 18 million in developing countries and cut red removing the need for many taxes and bribes. the w.t.o. is trying to remove all subsidies. the deal means that some developing countries can keep them in they are needed to feed the poor. the results are yet to be seen. india is happy it can keep its subsidy. >> i view this as a victory for the farmers of india, for the farmers, for subsistence farmers of the entire developing country. there has also been a coalition of developing countries that along with its partners, with withstood all pressures. demonstrated solidarity and ac
trade organization has come up with an agreement said to be worth $18 trillion for the international economy. >> it is so agreed. >> the deal was made in bali and indonesia, aimed at increasing global commerce and making it easier for poorer countries to do trade. >> for the first time in our history we have truly delivered. we have achieved something significant. people all around the world will benefit from the package delivered here today. >> here is what is it could...
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these days, signs the economy is recovering. >> more than doubled in sales. next year, we are planning to hire 150 people. >> reporter: that hiring trend reflects what is happening throughout the country with news that employers added $200,000 jobs for the last months. 40,000 in education and health care. 27,000 manufacturing jobs, 17,000 construction jobs. >> now, we are getting consistent jobs reports. it's positive. it's positive for the economy and people should feel generally better that conditions are improving. >> reporter: on closer look, the unemployment rate for adult men is 6.7%. for women, 6.2%. the numbers are higher for african-americans and teenagers. still, some worry washington's upcoming budget battles could threaten the recovery. >> the u.s. economy pays attention to what washington is doing but this is an unpredictable business. it makes it interesting, but hard to know, sort of, what washington does in the next week, month or year. what that means, how much the economy can recover and at what rate. >> reporter: there may be political unce
these days, signs the economy is recovering. >> more than doubled in sales. next year, we are planning to hire 150 people. >> reporter: that hiring trend reflects what is happening throughout the country with news that employers added $200,000 jobs for the last months. 40,000 in education and health care. 27,000 manufacturing jobs, 17,000 construction jobs. >> now, we are getting consistent jobs reports. it's positive. it's positive for the economy and people should feel...
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the two countries and in particular he was looking to strike a deal over gas the state of ukraine's economy means that they've been struggling to pay their bills of late it was described as a roadmap to eradicating the differences between the two countries in the areas of trade and the economy and as you say one thing that wasn't discussed was the possibility of kiev signing on and joining russia's customs union alongside valorise in kazakhstan according to russia the topic wasn't discussed by the two presidents. and during he had been a moment in the center of kiev what's going on behind you at the moment. well in defiance of both the weather and the author orotate as you can see thousands of people remain here in central kiev continuing their demonstrations in fact a delegation of european officials have just been addressing the crowd including former polish prime minister yet see bruce they addressed the crowd offering their support to the protesters and also they called for a snap election after the protesters themselves were organizers are hoping that from all over ukraine up to one mi
the two countries and in particular he was looking to strike a deal over gas the state of ukraine's economy means that they've been struggling to pay their bills of late it was described as a roadmap to eradicating the differences between the two countries in the areas of trade and the economy and as you say one thing that wasn't discussed was the possibility of kiev signing on and joining russia's customs union alongside valorise in kazakhstan according to russia the topic wasn't discussed by...
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but what kind of jobs is the economy creating? an ice storm causes havoc t middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening, the south african government announced plans today for a week of memorial services for nelson mandela, culminating with his funeral a week from sunday. president obama will lead a u.s. delegation, expected to include a number of former presidents, though it is not known which of the services he will attend. mourners continued to gather today at mandela's home in johannesburg where he died last night and at his former home in soweto. perhaps no one image summed up his legacy better than this. >> blacks and whites signed by side honori
but what kind of jobs is the economy creating? an ice storm causes havoc t middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched. captioning sponsored by...
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how accurate is it now in this new economy? how accurate of a gauge is it as to how well this economy's doing? >> john is a real expert here. the reality is these numbers constantly get revised and sometimes very dramatically. if it's 100,000 jobs created, it could be six months later, oh, it was 200,000 or it could be zero. the economy is not going to lose jobs when the jobs reports are showing we're creating them. they're not good at things like self-employment, entrepreneurs. >> john, for those people looking for jobs that are not low wage, who's hiring? where are the jobs? >> unemployment for college-educated workers is below 4%. so when you look at that 7% number, it represents a lot of people who have not gotten their high school education or maybe just have a high school education. if you have a college degree, we're seeing job growth in professional and business services, certainly in engineering which continues to be kind of a real driver of jobs, health care is net hire job creator over the last several years and hire
how accurate is it now in this new economy? how accurate of a gauge is it as to how well this economy's doing? >> john is a real expert here. the reality is these numbers constantly get revised and sometimes very dramatically. if it's 100,000 jobs created, it could be six months later, oh, it was 200,000 or it could be zero. the economy is not going to lose jobs when the jobs reports are showing we're creating them. they're not good at things like self-employment, entrepreneurs. >>...
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gathers to competing narratives for africa a vibrant resource rich continent with an up and coming economy. but with vast ways that are increasingly no go area it's the summit in france. former colonial power it was welcomed by the locals we returned to intervene in mali at the start of the year and is now putting boots on the ground in the central african republic. his parents forever to be typecast as the sean bell the speech. but africans have reason to this challenge. joining us for this special edition of the false been tested to date is the spokesperson for the french foreign ministry to soften any welcome to the show. welcome as well smith editor in chief of the africa reports. and joining us for a month during naptime duke university. and he's one of the commons preeminent intellectuals hashem and indy teaches that china's birds. university of the rich waters of rounds your love one of her major works of the author of the tt to his own neck is being translated into english in the coming year. critical plot critical of black reason the cost intensive eight week that when the convers
gathers to competing narratives for africa a vibrant resource rich continent with an up and coming economy. but with vast ways that are increasingly no go area it's the summit in france. former colonial power it was welcomed by the locals we returned to intervene in mali at the start of the year and is now putting boots on the ground in the central african republic. his parents forever to be typecast as the sean bell the speech. but africans have reason to this challenge. joining us for this...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. the attack on pearl harbor. it was 72 years ago today. the japanese surprise attack killed more than 2,000 american service members. the attack brought the u.s. into world war two. >>> president obama is having a hard time explaining a meeting with controversial relative. for some time the white house has said the president never met with a kenyan uncle who was in the united states illegally. but now it has a new version of what happened. here's cnn's brian todd. >> reporter: fredericka, which is at an uncle of the president who has gone through some legal problems with immigration and other things. and it's about an impression the white house has given that it's keeping this uncle at
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. the attack on pearl harbor. it was 72 years ago today. the japanese surprise attack killed more than...
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but the economy here is in dire straits. the deal with moscow clue the possibility of a cheap deal on gas and perhaps direct aid because reserves here are running out fast. the central bank quite simply is seeing its stock pile of cash ebbing away very quickly. >> tim, we can see behind you the di demonstrateors are still there. what would you say the mood is? are they still very determined? >> they are very determined. it is very cold, but there have been lots of warm words for the demonstrators. by coincidence there was a meeting for the meeting for the organization in kiev this week. they have made a point of coming out and support for peaceful demonstration. that was a rebuke from moscow, seeing it as interference in their own backyard, as it were. we have the former president of georgia, who has had his own battles with russia, standing here and telling them our important it was. earlier in a press conference i asked him what his words would be to the demonstrators. >> so it's not about a political fight here. it's abou
but the economy here is in dire straits. the deal with moscow clue the possibility of a cheap deal on gas and perhaps direct aid because reserves here are running out fast. the central bank quite simply is seeing its stock pile of cash ebbing away very quickly. >> tim, we can see behind you the di demonstrateors are still there. what would you say the mood is? are they still very determined? >> they are very determined. it is very cold, but there have been lots of warm words for the...
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came in which shows that the recovery of the economy there is stronger than anticipated. contrary to the tenancy all week the market did not take this as an opportunity to be concerned about the potential he only on phasing out of the monetary stimulus by the center backs. nope the dax is up again and with it. the hopeful of the year end rally is back again which is the hope that stock prices hero will be rising with the end of the year. i am trying to say let's take a quick look at the market numbers for you now setting frankfurt germany's dax was up by nearly a full percentage. ninety one seventy to finish the year was docked fifty also up by similar amounts. when i'm seventy nine in new york where the dow jones is still trading up by more than one percent to sixteen and ten and the euro is heading up against the dollar. one thirty six ninety three the chinese government has banned its banks from trading in their callings the citizens of today not to use it to come and see following the announcement the value of the big coin tumbled from around twelve hundred dollars to
came in which shows that the recovery of the economy there is stronger than anticipated. contrary to the tenancy all week the market did not take this as an opportunity to be concerned about the potential he only on phasing out of the monetary stimulus by the center backs. nope the dax is up again and with it. the hopeful of the year end rally is back again which is the hope that stock prices hero will be rising with the end of the year. i am trying to say let's take a quick look at the market...
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majority will use the one person one vote electoral system to undo the inequality generated by the economy and so to prevent that the corporations control the parties the politicians the think tanks they give the money they provide the support and sold our politics becomes more and more disconnected from what the mass of people in detroit but in the country as a whole want and we get these outcomes that make no sense and that contradict the first basis of any real democratic system and what do you think about the pushback argument that you know it's either pay these promised pension funds or keep you till the service is operating you you make the choice i mean of course people are going to say well we have to keep the utility services operating. that's a little bit like saying to a person on the street i'm going to give you choice you can either have me stab you or i will know the answer to that the answer to that is never to argue which is the better way to go the answer to that is to say i don't mix. that choice and i don't accept the choice for detroit of either cutting the pensions or
majority will use the one person one vote electoral system to undo the inequality generated by the economy and so to prevent that the corporations control the parties the politicians the think tanks they give the money they provide the support and sold our politics becomes more and more disconnected from what the mass of people in detroit but in the country as a whole want and we get these outcomes that make no sense and that contradict the first basis of any real democratic system and what do...
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the economy is only growing about 2%. we still have a huge jobs gap to where the number of jobs we should have if we would have had a normal recovery and why would we want to make it more expensive to hire the very people, low-skilled people, young people, who have the highest unemployment rates. listen, if you have a college degree or graduate degree, listen, that unemployment rate is about 3.5%. if you have a high school degree, it's like a depression. >> people are lucky to have a job particularly at the lower end. gives them a start. get on the bottom rung of the ladder and if they work at it, get their discipline they can climb the ladder of success that's the american way. if you start raising the price of labor as -- the minimum wage and i'll include unemployment insurance, then you're kind of gumming up the whole works. >> there's the argument against it. but the argument for it, unlike 20 years ago when most minimum wage workers were teenagers, most today are bringing home more than half of their family income. t
the economy is only growing about 2%. we still have a huge jobs gap to where the number of jobs we should have if we would have had a normal recovery and why would we want to make it more expensive to hire the very people, low-skilled people, young people, who have the highest unemployment rates. listen, if you have a college degree or graduate degree, listen, that unemployment rate is about 3.5%. if you have a high school degree, it's like a depression. >> people are lucky to have a job...
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because i'm not going to and i want to hear directly from the economy. i'm. going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government was a lot is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this stat or whether the methods which we have applied so far out adequate . but it's especially awkward and ironic for the corporate and political status for it to be remarked on mandela's legacy today because the vast majority of these people still support apartheid see a system that gives racial discrimination legitimacy is alive and well in a little country called israel and every year three billion dollars of taxpayer money is used to sponsor israel's apartheid state and oppression against the palestinians so as we commemorate the life of an amazing leader and civil rights activist let's not let them white wash his real legacy third that's our show you guys thanks for watching and have a
because i'm not going to and i want to hear directly from the economy. i'm. going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government was a lot is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this stat or whether the methods which we have applied so far out adequate . but it's especially awkward...
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trade organizations agreed on a landmark deal which could provide a trillion dollar boost to the global economy the grave is designed to speed up cross border trade by slashing red tape at customs checkpoints the analysts say this will also give a lift to developing nations too by creating up to twenty million jobs there it's the first global trade deal of its kind but as yet to be ratified by each member government in mexico we've been covering the story for the last couple of days you may recall six people suspected of stealing that truck with highly radioactive material from a medical scanner a been released themselves know from hospital only the youngest suspect aged around sixteen was found to have traces of radioactive poisoning those men will now remain in detention for further questioning the vehicle at the time was carrying streatley dangerous cobalt sixty for a body scanner when it was hijacked at gunpoint in the capitol earlier this week. it's where the world's most popular vacation spots but those who try to settle down in paris often find their romantic notions shattered. explains.
trade organizations agreed on a landmark deal which could provide a trillion dollar boost to the global economy the grave is designed to speed up cross border trade by slashing red tape at customs checkpoints the analysts say this will also give a lift to developing nations too by creating up to twenty million jobs there it's the first global trade deal of its kind but as yet to be ratified by each member government in mexico we've been covering the story for the last couple of days you may...
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, in "crime and punishment" a story that boggles the mind. we hear about people that go to prison and end up on death row but what about the prosecutors put them behind bars with sloppy work or worse? prosecutors in this country are above prosecution, even when they knowingly with hold evidence just to get a conviction. this hasn't happened just once, it's still happening in case after case. randi kaye investigates. >> reporter: in may 1999 john thompson was just weeks away from his execution at the louisiana state penitentiary. this is his signed death warrant. so you may be wondering, what is he doing talking to me at his office in new orleans? did you think you would die on death row? >> i knew i was going to die. i didn't have anything else to say. even executed, i didn't see no one leaving off death row for sure. >> reporter: how john thompson survived is complicated to see the least. it would be more than a decade before he learn
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back, in "crime and punishment" a story that boggles the mind. we hear about people that go to prison and end up on death row but what about the prosecutors put them behind bars with sloppy work or worse? prosecutors in this country are above prosecution, even when they knowingly with hold evidence just to get a conviction. this hasn't...
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organization has agreed on a landmark deal which could provide a trillion dollar boost to the global economy the green is designed to speed up cross border trade by slashing red tape at customs checkpoints analysts say this will also give a lift to developing nations too by creating up to twenty million jobs there it's the first global trade deal of its kind but now has yet to be ratified ever by each government member state in mexico six people suspected of being that said truck with highly radioactive material in its medical scanner on board have been released from hospital one of the youngest suspect they'd sixteen was found of traces of radioactive poisoning though thankfully the men will remain in detention for further questioning that vehicle was carrying strictly dangerous cobalt sixty in a body therapy scanner unit when it was hijacked to gun point at the capitol earlier this week. it's one the world's most popular vacation spots but those who try to settle down in paris often find their romantic notions shattered. explains why it all looks great on paper but anyone with an aspiratio
organization has agreed on a landmark deal which could provide a trillion dollar boost to the global economy the green is designed to speed up cross border trade by slashing red tape at customs checkpoints analysts say this will also give a lift to developing nations too by creating up to twenty million jobs there it's the first global trade deal of its kind but now has yet to be ratified ever by each government member state in mexico six people suspected of being that said truck with highly...
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economy and jobs. positive news that more than 200,000 jobs were added in november. and the unemployment rate has fallen from 7.3% to 7%. that is a five-year low, down from a peak of 10% four years ago. wall street liked what it heard. the markets finished up across the board today. nbc's tom costello reports tonight on where the jobs are showing up. >> reporter: 24-year-old eddie christian is one face of an improving economy. after graduating from college and spending nine months searching for a job, he just landed at starwood hotels working in human resources. >> the fact that i have a sense of security o in a full-time job and the fact it's in my field, i feel lucky. >> reporter: employers added more than 200,000 jobs for each of the last four months. in november, many were good-paying jobs. 40,000 in education and health care. 27,000 in manufacturing. 17,000 construction jobs. so they're coming in the right places. they're coming slower than people wanted, but don't forget. we came from a very, very dark place. and so the light is starting to shine. >> the unempl
economy and jobs. positive news that more than 200,000 jobs were added in november. and the unemployment rate has fallen from 7.3% to 7%. that is a five-year low, down from a peak of 10% four years ago. wall street liked what it heard. the markets finished up across the board today. nbc's tom costello reports tonight on where the jobs are showing up. >> reporter: 24-year-old eddie christian is one face of an improving economy. after graduating from college and spending nine months...
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addwto says the deal could $1 trillion to the global economy. >> it is so agreed. >> the agreement is a milestone for the wto. it is their first global trade deal since his creation in 1995. >> for the first time in our history, the wto has truly delivered. >> the deal will lower trade barriers and speed up the passage of goods through customs. most importantly, its terms apply not to just rich industrialized states but also the poor developing countries. analysts estimate that it could boost the global economy by hundreds of billions of dollars. >> we have achieved something very significant. people all around the world will benefit from the package you have delivered here today. >> some critics say the agreement could prevent poor countries from setting their own priorities in areas like environmental action, workers rights, and food security. negotiations dragged into a next her day after there were last requests from individual countries. cuba objected to a removal of the reference of the u.s. trade embargo, and india objected reservations to feed it subsidized poor. the final doc
addwto says the deal could $1 trillion to the global economy. >> it is so agreed. >> the agreement is a milestone for the wto. it is their first global trade deal since his creation in 1995. >> for the first time in our history, the wto has truly delivered. >> the deal will lower trade barriers and speed up the passage of goods through customs. most importantly, its terms apply not to just rich industrialized states but also the poor developing countries. analysts...
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immigration and the economy. the data now raising concerns over what can still be accomplished in his next few years as president. joining us now is our political panel angela mcgrewen, fox knew political analyst, and ronow molono. the president used to enjoy euphoric ratings. now his approval rating is abysmal on all kinds of issues. so ways happening overall? why is this happening? what kind of take do you look at this -- what prism do you look at this through, angela? >> the bottom line is this. are you better off today than you were four years ago? most americans that elected this president yet again, now they're having buyers remorse, because most americans are not better off. if you look at the unemployment rate at 7% but for the black community, last check, it was 13%. the hispanic community has not lowered that much and for women and young adults, if you have a college degree, kelly, most people don't have a job today, so people are looking at this situation and though the president is a great orator, a g
immigration and the economy. the data now raising concerns over what can still be accomplished in his next few years as president. joining us now is our political panel angela mcgrewen, fox knew political analyst, and ronow molono. the president used to enjoy euphoric ratings. now his approval rating is abysmal on all kinds of issues. so ways happening overall? why is this happening? what kind of take do you look at this -- what prism do you look at this through, angela? >> the bottom...
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the two presidents have discussed at pro lites leave the economic aspects it really is no surprise economy is something that is vitally important to set this up over flights for it. at the ukrainian president on his way back from it i know where he is meant it with his egg chinese colleagues and death. our carried on quite productive economic talks in fact he became president said that he has as scientists and a number of deals as amounting to roughly eight billion dollars in investments. i know why like in a cottage was that trying to figure out to only or even prevented topics and issues here and here we packed that this grandmother late evening. not just for the opinion protesters but also with western politicians are one of them in particular its oriental and who has set the visit to the tent city that was set up here by the protesters position expressing the u s support for the at ukrainian opposition and for the protesters as well as internal and has also held talks with the kids caught the darling of the korean opposition among others that we have seen among the protesters on the sq
the two presidents have discussed at pro lites leave the economic aspects it really is no surprise economy is something that is vitally important to set this up over flights for it. at the ukrainian president on his way back from it i know where he is meant it with his egg chinese colleagues and death. our carried on quite productive economic talks in fact he became president said that he has as scientists and a number of deals as amounting to roughly eight billion dollars in investments. i...
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Dec 7, 2013
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but what kind of jobs is the economy creating? an ice storm causes havoc t middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched.
but what kind of jobs is the economy creating? an ice storm causes havoc t middle of the country. manuel bojorquez is there. and allen pizzey on the years that made the man. >> for 18 of the 27 years he spent in prison, nelson mandela walked down this corridor everyday and at the end of that walk there was no freedom, there was this. >> reporter: with bob simon on the moment he was free. >> after 27 years, his head was high and his fist was clenched.